The UK Financial Conduct Authority has selected four firms, including Revolut, to test stablecoin issuance and payments in a regulatory sandbox starting in Q1 2026. The initiative aims to shape the country’s final stablecoin framework.
Revolut is reportedly planning to apply for a US banking license, dropping earlier plans to acquire a local lender as it accelerates its global expansion.
Stablecoin payment volumes on Revolut rose sharply in 2025, signaling growing retail use of blockchain-based dollars for everyday transactions.
Revolut and Trust Wallet have launched instant crypto purchases in the EU, allowing users to send assets directly to a self-custodial wallet.